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/biz/ - Business & Finance

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18395757 No.18395757 [Reply] [Original]

oil

>> No.18395764

>>18395757
USOI

/thread

>> No.18395789
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18395789

>>18395757

>> No.18396505

>>18395757
what to buy?
oil futures?
oil contracts?
etfs?
oil company stock?
what to do?

>> No.18396539
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18396539

OIL

>> No.18396601

>want to wait for my Trumpbuckaroos to get here so I can buy oil futures
>it's 10x leveraged so if I time it wrong I'm totally fucked

>> No.18396620
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18396620

>>18396601
>10x leveraged
bruh

>> No.18396645

>>18396620

Aren't futures automatically 10x leveraged by their very nature? Or do I have that number wrong?

>> No.18396687
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18396687

>>18395757
Oil investor here, you rang?

>> No.18396737

>>18396645
Consult the investopedia article on commodity futures trading here:
https://www.investopedia.com/terms/c/commodityfuturescontract.asp

If inexperienced I recommend just doing an ETF that tracks the futures price like USO instead.

>> No.18396934

>>18396737

Then I guess it just depends on what the initial margin is.

Are ETFs leveraged?

>> No.18396958

>>18396505

I've been doing exceedingly well with oil call contracts (ie: multiple hundreds % movements.)

>> No.18396959

>>18396934
>Are ETFs leveraged?
Depends on the ETF. It will say in the description if it is.

>> No.18397664
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18397664

What are the prime oil companies and countries that you have your eyes on fellow oilanons?

I'm mostly invested in US and European firms but am debating to get into Russia in exchange for my OKE position.

What do you recommend?